Five oceanfront and ocean-view acreages in Pender Harbour on BC’s Sunshine Coast will be sold to the highest bidders - regardless of price - at an unreserved (absolute) auction in Vancouver (Richmond), BC next week. Ritchie Bros. Auctioneers (NYSE and TSX: RBA) will be conducting the unreserved public auction of the five lots - which [...]
The National Hotel was sold for $550,000 when it went on the block at Ritchie Bros. Auctioneers on Tuesday.
Ritchie Brothers real estate services manager Kieran Holm declined to name the purchaser but said the bidding lasted 15 to 20 minutes.
The First Avenue building, which holds 32 rooms, a 56-seat restaurant and 186-person nightclub, and includes [...]
TimberWest Forest Corp.’s is to sell more than 14,000 acres through an online auction.
The sale, announced yesterday, features six parcels of land ranging from the mountaintop, 12,000-acre Capes Lake site - about 70 kilometres west of Comox with a minimum bid of $2.9-million - to an industrial site in Campbell River. California-based LFC Online is [...]
Lake Ontario’s Fox Island, once owned by a governor of New York state, was sold for US$3.78 million Friday at an auction that drew about 100 bidders.
Winning bidder Vance Wilson, a New Jersey resident, plans to keep the 95-hectare island near Cape Vincent as it is, said Jim Woltz, whose company handed the auction.
Fox Island, [...]
Prince George investors Roger and Vicki Pelletier are the new owners of the Loghouse Restaurant and resort.
The Pelletiers bought the property for $875,000 during the Ritchie Bros. auction on Tuesday.
Roger Pelletier said he had, “no idea,†what they will do with the property yet.
“We’ll see what happens,†he said. “It’s got some investment potential.â€
Roger Pelletier [...]
Press Release
Charter Real Estate Investment Trust (”Charter REIT”)(TSX VENTURE:CHR.UN) is pleased to announce that it has entered into an agreement to purchase a portfolio of triple net leased properties and development properties located primarily in Western Canada (the “Acquisition”). The purchase price for the portfolio is approximately $80 million before closing costs and is subject [...]
